The Government of Canada has enacted the Prohibition on the Purchase of Residential Property by Non-Canadians Act (the “Act”) which came into effect January 1, 2023. The Act prohibits the “purchase” of any “residential property” directly or indirectly by “non-Canadians.”; It is presently only intended to be in effect for the calendar years 2023 and 2024. The Prohibition on the Purchase of Residential Property by Non-Canadians Regulations (the “Regulations”), released on December 21, 2022, provide additional detail on key elements of the Act.
The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), together with the Canada Revenue Agency (CRA), recently issued an operational alert (the “Alert”) intended to support…
Brenda Gosselin and Stephen Pincus co-authored the Canada Chapter of Lexology's In-Depth: Real Estate M&A and Private Equity, Edition 9. In-Depth: Real Estate M&A and Private Equity is a…
On April 10, 2024, the Province of Ontario introduced the Cutting Red Tape to Build More Homes Act, 2024, which proposes a number of amendments to the Planning Act and related legislation that would…
Brenda Gosselin and Stephen Pincus co-authored the Canada Chapter of The Law Reviews' Real Estate M&A and Private Equity Review 8th Edition. The Real Estate M&A and Private Equity Review is a…
The Government of Canada has enacted the Prohibition on the Purchase of Residential Property by Non-Canadians Act (the “Act”) which came into effect January 1, 2023. The Act prohibits the…
After significant lobbying by the real estate industry, in the stated effort to “enhance the flexibility of newcomers and businesses looking to add to Canada’s housing supply”, the Honourable Ahmed…
Goodmans LLP represented Canadian Tire Corporation, Limited on the sale of its 90-acre industrial property in Brampton to Prologis Inc. for C$258 million…
Goodmans LLP acted as Canadian counsel to Coeur Mining, Inc. in connection with entering into a definitive agreement with SilverCrest Metals Inc., whereby pursuant to a plan of arrangement Coeur will…
Goodmans LLP advised Brookfield Asset Management Ltd., through its Special Investments program, in connection with its structured equity investment of $320 million to partially fund the take-private…
Join Goodmans partner Brendan O’Neill at The International Insolvency Institute’s North American Regional Conference for the session, “Global Real Estate Crisis and Impact on Cross-Border Insolvency…
We are pleased to announce Goodmans LLP has once again received top-tier recognition from The Legal 500 Canada in their 2025 Guide released today.Recognition from The Legal 500 is based on independent…
Goodmans is delighted to share we are featured in the inaugural edition of Best Law Firms - Canada 2025, recognizing us as one of the country’s exceptional law firms across 40 industries and practices…
